Welcome to the JB Goodwin real estate market report for October 2019, pulling information from the Austin MLS® and our team of experienced local agents!
The growth of Austin's median real estate values continues its upward trajectory. 10 months into the year, the median price of a home in Austin is $313.000, a 3% increase over last year. With values increasing, inventory has not been able to keep pace - it's down 12% compared to this time last year. Inventory levels remain at a low 2.4 months supply.
As a result of these market trends, demand continues to be high, up 5% compared to last year!
It's a great time to sell.